cheapest place to buy gold in th world

Today in Hong Kong at the Bank of China main branch on Queen’s Road, I bought an ‘unsealed’ Maple Leaf (i.e. loose coin) for just 0.5% over spot; I also purchased a ‘sealed’ Maple Leaf (i.e. collector-ready) for an additional $60, or about 4.5% over spot.

The 'sealed' Maple Leaf I purchased at 4.5% over spot; the unsealed go for 0.5%.

This iHKD.s an image of the gold prices that Bank of China was buying and selling at this afternoon. The gold price at the time was about 12,980

Funny thing, it wasn’t even the best price in town. You can buy gold for as low as 0.2% over spot (practically a rounding error) in Hong Kong. Unfortunately, just about every bank was out of stock.

http://www.zerohedge.com/news/guest-post-hong-kong-still-cheapest-place-buy-gold-coins